31 Mar 2023
Assets10,218.61
Total Income5,982.21
EBITDA826.97
Profit After Tax104.04
NET Worth2,292.10
Reserves and Surplus1,296.66
Total Borrowing5,421.54
At a glance
Updated 2026-08-24The shares listed at ₹153.50, a 4.42% move from the issue price. JSW Cement is a Mainboard IPO with an issue size of ₹3,600.00 crore, proposed for listing on BSE, NSE. The offer opens on 7th Aug 2025 and closes on 11th Aug 2025. The issue structure includes a fresh issue of ₹1,600.00 crore and an offer-for-sale component of ₹2,000.00 crore. The current listing schedule points to 14th Aug 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹3,600.00 Cr
Fresh issue₹1,600.00 Cr
Offer for sale₹2,000.00 Cr
Face value₹10
Price band₹139.00–₹147.00
Allotment12th Aug 2025
Listing14th Aug 2025
Listing performance
Full performance ↗Issue price₹147.00
Listing price₹153.50
Current price—
Listing gain4.42%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹4.80
GMP / upper price3.27%
Est. listing₹151.80
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens7th Aug 2025
Closes11th Aug 2025
Allotment12th Aug 2025
Refund13th Aug 2025
Demat13th Aug 2025
Listing14th Aug 2025
Subscription demand
Full bidding ↗Total8.22×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 102 | ₹14,994 |
Company
Incorporated2006
Use of proceeds
| Object | Amount |
|---|---|
| Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan | ₹800.00 Cr |
| Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company | ₹520.00 Cr |
| General Corporate Purposes | ₹226.80 Cr |
| Issue Expenses | ₹119.54 Cr |
| Total | ₹1,666.33 Cr |
Financials
Full financials ↗31 Mar 2024
Assets11,318.91
Total Income6,114.60
EBITDA1,035.66
Profit After Tax62.01
NET Worth2,464.68
Reserves and Surplus1,399.06
Total Borrowing5,835.76
31 Mar 2025
Assets12,003.94
Total Income5,914.67
EBITDA815.32
Profit After Tax-163.77
NET Worth2,352.55
Reserves and Surplus1,287.31
Total Borrowing6,166.55
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | -6.90% |
| ROCE | 7.05% |
| Debt / Equity | 0.98% |
| RoNW | -4.85% |
| PAT Margin | -2.77% |
| EBITDA Margin | 13.78% |
| Price to Book Value | 6.16 |
Valuation & shareholding
Pre-IPO EPS-1.31
Post-IPO EPS-ve
Pre-IPO P/E-112.61
Post-IPO P/E-ve
Promoter holding pre78.61%
Promoter holding post72.33%
Market cap₹20041.46 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan | ₹800.00 Cr |
| Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company | ₹520.00 Cr |
| General Corporate Purposes | ₹226.80 Cr |
| Issue Expenses | ₹119.54 Cr |
| Total | ₹1,666.33 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.